About Yocket
Yocket is a company based in Mumbai (India) founded in 2015 by Tumul Buch, Jinesh Bagadia, Kashyap Matani, and Sumeet Jain was acquired by Leap Finance in April 2021. It operates as a Professional Services, Subscription Services, and EduTech. The company has 216 employees as of December 08, 2024. Yocket offers products and services including Yocket Premium, Yocket Prep, and Yocket Finance. Yocket operates in a competitive market with competitors including Leverage Edu, Leap, Shorelight Education, Leap Scholar and Educatly, among others.
- Headquarter Mumbai, India
- Employees 216 as on 08 Dec, 2024
- Founders Tumul Buch, Jinesh Bagadia, Kashyap Matani, Sumeet Jain
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Avocation Educational Services Private Limited
- Date of Incorporation 05 Sep, 2012
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$3.41 M (USD)63.98as on Mar 31, 2024
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Net Profit
$910.04 K (USD)141.04as on Mar 31, 2024
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EBITDA
$967.39 K (USD)146.23as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
216
as on Dec 08, 2024
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Acquired by
Leap Finance
(Apr 15, 2021)
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Products & Services of Yocket
Yocket offers a comprehensive portfolio of products and services, including Yocket Premium, Yocket Prep, and Yocket Finance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
End-to-end guidance for study abroad applications is provided.
Comprehensive GRE preparation resources and tests are offered.
Student loans and scholarship assistance are facilitated here.
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Funding Insights of Yocket
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Yocket
Yocket has secured backing from 1 investor. Prominent investors backing the company include Leap Finance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Operates an online platform for educational loans tailored to students.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Yocket
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Yocket
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Yocket Comparisons
Competitors of Yocket
Yocket operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Leverage Edu, Leap, Shorelight Education, Leap Scholar and Educatly, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
International study-abroad services and student mobility are facilitated for learners.
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| domain | founded_year | HQ Location |
Educational support for abroad college selection and preparation is offered.
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| domain | founded_year | HQ Location |
Consulting solutions for international students studying abroad are provided.
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| domain | founded_year | HQ Location |
Provides counseling, exam preparation, visa help, and financial planning for study abroad.
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| domain | founded_year | HQ Location |
Admission assistance is provided via an online platform for students.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Yocket
When was Yocket founded?
Yocket was founded in 2015.
Where is Yocket located?
Yocket is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Yocket have?
As of Dec 08, 2024, the latest employee count at Yocket is 216.
What is the annual revenue of Yocket?
Annual revenue of Yocket is $3.41M as on Mar 31, 2024.
What does Yocket do?
Comprehensive study abroad solutions are offered by Yocket, targeting students aiming for international education in countries like the USA, UK, Canada, Germany, Australia, and France. Services include personalized counseling, application assistance, visa guidance, and financial support through loans and scholarships. GRE preparation resources are also provided through a dedicated product. The platform serves over 800,000 users, focusing on bridging the gap between students and top global universities across various academic disciplines.
Who are the top competitors of Yocket?
Yocket's top competitors include Leverage Edu, Leap and The WorldGrad.
What products or services does Yocket offer?
Yocket offers Yocket Premium, Yocket Prep, and Yocket Finance.
Who are Yocket's investors?
Yocket has 1 investor. Key investors include Leap Finance.